Schnitzer Steel: 2012 headwinds some of the strongest faced by the industry in over a decade

Return of Chinese buyers cause for cautious optimism for 2013


(USA) – The American scrap metals and steel products group Schnitzer Steel reported seeing some recent improvement in demand and pricing and a return to the market by Chinese scrap buyers. Speaking during the concern‘s first quarter earnings call early this month, CEO Tamara Lundgren said, “2013 could be the ...

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